GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » TCPL Packaging Ltd (BOM:523301) » Definitions » E10

TCPL Packaging (BOM:523301) E10 : ₹64.46 (As of Mar. 2024)


View and export this data going back to 2001. Start your Free Trial

What is TCPL Packaging E10?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

TCPL Packaging's adjusted earnings per share data for the three months ended in Mar. 2024 was ₹31.900. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹64.46 for the trailing ten years ended in Mar. 2024.

During the past 12 months, TCPL Packaging's average E10 Growth Rate was 20.70% per year. During the past 3 years, the average E10 Growth Rate was 20.40% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the E10 growth rate using E10 data.

During the past 13 years, the highest 3-Year average E10 Growth Rate of TCPL Packaging was 20.40% per year. The lowest was 20.40% per year. And the median was 20.40% per year.

As of today (2024-06-05), TCPL Packaging's current stock price is ₹2105.15. TCPL Packaging's E10 for the quarter that ended in Mar. 2024 was ₹64.46. TCPL Packaging's Shiller PE Ratio of today is 32.66.

During the past 13 years, the highest Shiller PE Ratio of TCPL Packaging was 39.74. The lowest was 7.81. And the median was 21.24.


TCPL Packaging E10 Historical Data

The historical data trend for TCPL Packaging's E10 can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

TCPL Packaging E10 Chart

TCPL Packaging Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 36.96 41.42 53.39 64.46

TCPL Packaging Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
E10 Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 53.39 56.81 59.99 62.04 64.46

Competitive Comparison of TCPL Packaging's E10

For the Packaging & Containers subindustry, TCPL Packaging's Shiller PE Ratio, along with its competitors' market caps and Shiller PE Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


TCPL Packaging's Shiller PE Ratio Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, TCPL Packaging's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where TCPL Packaging's Shiller PE Ratio falls into.



TCPL Packaging E10 Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. When we calculate the today's Shiller P/E ratio of a stock, we use today's price divided by E10.

What is E10? How do we calculate E10?

E10 is the average of the inflation adjusted earnings of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the E10 of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the earnings from 2001 through 2010.

We adjusted the earnings of 2001 earnings data with the total inflation from 2001 through 2010 to the equivalent earnings in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart earned $1 a share in 2001, then the 2001's equivalent earnings in 2010 is $1.4 a share. If Wal-Mart earns $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 earnings in 2010 is $1.35. So on and so forth, you get the equivalent earnings of past 10 years. Then you add them together and divided the sum by 10 to get E10.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, TCPL Packaging's adjusted earnings per share data for the three months ended in Mar. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=31.9/153.0345*153.0345
=31.900

Current CPI (Mar. 2024) = 153.0345.

TCPL Packaging Quarterly Data

per share eps CPI Adj_EPS
201406 7.080 94.103 11.514
201409 9.450 96.780 14.943
201412 10.490 96.780 16.587
201503 9.980 97.163 15.719
201506 9.150 99.841 14.025
201509 12.020 101.753 18.078
201512 12.000 102.901 17.846
201603 10.820 102.518 16.152
201606 8.770 105.961 12.666
201609 11.760 105.961 16.984
201612 11.070 105.196 16.104
201703 5.680 105.196 8.263
201706 3.560 107.109 5.086
201709 6.690 109.021 9.391
201712 8.060 109.404 11.274
201803 4.530 109.786 6.315
201806 5.480 111.317 7.534
201809 12.100 115.142 16.082
201812 8.060 115.142 10.713
201903 6.180 118.202 8.001
201906 5.920 120.880 7.495
201909 9.420 123.175 11.704
201912 11.680 126.235 14.160
202003 13.120 124.705 16.100
202006 0.770 127.000 0.928
202009 11.540 130.118 13.572
202012 10.940 130.889 12.791
202103 13.540 131.771 15.725
202106 6.539 134.084 7.463
202109 11.650 135.847 13.124
202112 15.250 138.161 16.892
202203 18.590 138.822 20.493
202206 24.981 142.347 26.857
202209 43.430 144.661 45.944
202212 26.660 145.763 27.990
202303 26.540 146.865 27.655
202306 26.193 150.280 26.673
202309 32.190 151.492 32.518
202312 21.370 152.924 21.385
202403 31.900 153.035 31.900

Add all the adjusted EPS together and divide 10 will get our e10.


TCPL Packaging  (BOM:523301) E10 Explanation

If a company grows much fast than inflation, E10 may underestimate the company's earnings power. Shiller PE Ratio can seem to be too high even the actual P/E is low.

For the Shiller P/E, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller P/E is also called PE10.

The Shiller P/E was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

TCPL Packaging's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=2105.15/64.46
=32.66

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 13 years, the highest Shiller P/E Ratio of TCPL Packaging was 39.74. The lowest was 7.81. And the median was 21.24.


Be Aware

Shiller PE Ratio works better for cyclical companies. It gives you a better idea on the company's real earnings power.


TCPL Packaging E10 Related Terms

Thank you for viewing the detailed overview of TCPL Packaging's E10 provided by GuruFocus.com. Please click on the following links to see related term pages.


TCPL Packaging (BOM:523301) Business Description

Traded in Other Exchanges
Address
414, Senapati Bapat Marg, Empire Mills Complex, Lower Parel (West), Mumbai, MH, IND, 400 013
TCPL Packaging Ltd is engaged in the Printing and Packaging business. The company manufactures folding cartons, printed blanks and outers, litho-lamination, plastic cartons, blister packs, and shelf-ready packaging. Geographically, it derives a majority of its revenue from India. It serves FMCG, Food and Beverage, Liquor, Pharmaceuticals, and Other industries. It has one segment of business, which is Printing and Packaging.

TCPL Packaging (BOM:523301) Headlines

No Headlines